Thread regarding Cigna layoffs

I’m burnt to a crisp. So crispy I could hang out with Snoop Dogg. I’m actually taking my PTO, it just doesn’t help. Everyone I talk with regardless of where they are in the company, is burnt out. It’s the spiraling culture of the last 5 or so years that led us to all these layoffs and FOW. The ELT cares about profits and only profits. Take the PTO and take care of yourself.

“Like I've said, staring at a wall at home will not fix my burnout. When my department might be laid off at any minute, I need to save all of my money and not spend it traveling or going out.”

You’re an adult who can’t think of any free or low cost activities besides staring at a wall at home? Go for a walk or hike, get books from the library, have a park day with a picnic brought from home, the list goes on.

"dude what? take your PTO, this is completely a self-imposed problem."

Like I've said, staring at a wall at home will not fix my burnout. When my department might be laid off at any minute, I need to save all of my money and not spend it traveling or going out. Trying to get a year or two of bill payments saved up because the job market is so terrible, it may take that long.

dude what? take your PTO, this is completely a self-imposed problem.

"PTO is taxed at 22% as supplemental income."

I didn't realize that - thanks! (I'm good)

PTO is taxed at 22% as supplemental income. If you are already in the 22%+ tax bracket then you wouldn’t notice, but if someone were in a much lower tax bracket, the PTO payout would seem a lot less since it’s taxed higher. In some states, companies are not required to offer PTO or pay it out upon you leaving the company. Just depends on your salary and state you live in. Plus, you can only rollover so much each year. Don’t lose your PTO!

State laws dictate how much PTO is allowed to be carried over, so it depends on where you live. Cigna cannot reduce to below what your residence state allows.

A friend of mine quit about a year ago with a hefty amount of PTO in the bank and it was paid out at 75%. They contacted HR and were told some BS about state law and whatnot. They dropped it because they didn’t want to get a lawyer. I wouldn’t count on it getting paid out at 100% at first. I certainly don’t which is why I use my PTO

What do you mean by "pays out at less than the rate it should"? I thought it was paid at the rate of my salary, assuming a 40 hour work week.

I use it because not enough rolls over and if you get laid off it pays out at less than the rate it should. Using PTO isn’t going to solve burnout though. Looks like you are onto the only solution…finding a job at an employer that treats its employees like humans not capital to be disposed of for short term profit. Good luck and I hope you find your way out soon!

Nah, I'd just be more stressed because I wouldn't have backup money. The extra money in my bank account is the main thing that's keeping me mentally stable and not freaking completely out. Taking time off to just sit at home doesn't help me much.

Starting to feel like an inmate, though. I hardly go out or do anything; just been saving everything I possibly can for the obvious impending layoff.

Maybe if you used your PTO for it’s intended purpose you wouldn’t be burnt out?